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Solifi announced the acquisition of Leasepath, a leading middle-market provider of global equipment finance loan and lease management technology.This strategic acquisition accelerates Solifi’s expansion and solution portfolio into the mid-market sector and will facilitate the sharing of know-how, in-depth expertise and resources between Solifi and Leasepath with the objectives of accelerating growth and reinforcing market leadership status.“Leasepath is an exciting addition to Solifi’s portfolio Read Story

Field Under: Industry News
July 03, 2025 @ 08:17 AM

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $50 million follow-on investment in Victory Park Capital Investor Fund W, LP (the “Fund”), reinforcing its commitment to financial inclusion and economic resilience in Emerging Markets. With this latest investment and additional support from IDB Invest, which upsized its commitment by $50 million in January 2025, the Fund now exceeds $200 million in total commitments.IFC’s new commitment extends the Read Story

Field Under: Private Credit
July 03, 2025 @ 08:16 AM

TAB Bank provided a $2.5 million factoring facility to Ryan Transportation, Inc., a Livonia, Michigan-based truckload transportation provider. The facility will strengthen cash flow and working capital, enabling Ryan Transportation to maintain its reputation for providing personal service that exceeds customer expectations.Founded over 55 years ago, Ryan Transportation specializes in serving the automotive industry and its suppliers across the United States, with a strong presence in the Great Read Story

Field Under: Trucking
July 03, 2025 @ 08:15 AM

SSG Capital Advisors served as the investment banker to The Warrell Corporation (“Warrell” or the “Company”) in the sale of its equity interests and owned real estate to Wolfgang Operations, LLC, and Wolfgang Facilities, LLC, respectively (collectively, “Wolfgang Confectioners”). The transaction closed in June 2025.Founded in 1965 and headquartered in Camp Hill, Pennsylvania, The Warrell Corporation is one of North America’s top contract confectionery manufacturers. The Company has built a Read Story

July 03, 2025 @ 08:00 AM

OSI Systems announced the successful expansion and extension of its senior secured credit facility, increasing the total borrowing capacity from $750 million to $825 million. The facility is comprised of a $725 million revolving credit facility and a $100 million term loan. The amendment increases the flexibility of certain provisions and extends the maturity from December 2026 to July 2030.Alan Edrick, Executive Vice President and Chief Financial Officer, stated, “We are pleased to have Read Story

Field Under: Technology
July 03, 2025 @ 07:56 AM

Greenberg Traurig continues the strategic expansion of its Private Equity Practice with the addition of Sidney Nunez as a shareholder in the Houston office. Nunez joins the firm from Willkie Farr & Gallagher, where he served as a partner."As part of our continued focus on enhancing our strong private equity and M&A practices worldwide, we are thrilled to welcome a highly accomplished private equity shareholder to our rapidly expanding Texas team," said Richard A. Rosenbaum, Greenberg Traurig's Read Story

July 03, 2025 @ 07:15 AM

B. Riley Securities acted as sole bookrunner in a $172.5 million follow-on offering for Bit Digital, Inc. Bit Digital is a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies. The company began accumulating and staking Ethereum (ETH) in 2022 and now operates one of the largest institutional ETH staking infrastructures globally.Net proceeds from the transaction will be used to procure additional ETH and expand its long-term accumulation and staking of Read Story

Field Under: Cryptocurrency
July 03, 2025 @ 07:00 AM

Quickpay Funding established a $500,000 invoice factoring facility for a leading commercial HVAC company based in South Texas. This new facility provides the essential cash flow they need to manage large-scale commercial projects and keep up with growing demand.The company specializes in commercial refrigeration and air conditioning services, including installation, maintenance, and repair. With increasing demand and a growing portfolio of high-value contracts, the company sought a financing Read Story

Field Under: HVAC
July 03, 2025 @ 06:00 AM

CNB Financial and ESSA Bancorp received the necessary bank regulatory approvals to complete the proposed merger of ESSA with and into CNB and ESSA Bank & Trust with and into CNB Bank. The Federal Deposit Insurance Corporation and the Pennsylvania Department of Banking and Securities approved the merger of ESSA Bank with and into CNB Bank, and CNB received a waiver from the Federal Reserve Bank of Philadelphia for any application with respect to the merger of ESSA with and into CNB.“We are Read Story

Field Under: Banking News
July 03, 2025 @ 05:00 AM

BlackRock and HPS Investment Partners (HPS) announced the successful completion of BlackRock’s acquisition of HPS.Private credit is reshaping financial markets and the structural trends supporting its growth have accelerated the convergence of public and private markets. Financing activity is being shifted toward the capital markets, positioning asset managers to match long-dated capital with long-term investors, including insurance companies, pensions, sovereign wealth funds, wealth managers Read Story

Field Under: Private Credit
July 02, 2025 @ 08:15 AM

Del Monte Foods Corporation II Inc., one of the country's largest producers, distributors and marketers of premium quality, branded food products, announced that it is pursuing a value-maximizing sale process as part of an overall strategic balance-sheet restructuring. To facilitate this process, the Company and certain of its affiliates and subsidiaries commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of New Jersey (the "Court").The Company has entered Read Story

July 02, 2025 @ 08:10 AM

Siena Lending Group closed a new senior secured credit facility for HandsFree Labs Inc./Kizik Design, LLC (“Kizik” or the “Company”), a leading innovator of hands-free footwear. The customized credit facility will provide Kizik with increased liquidity and financial f lexibility to support its rapid growth, continued product innovation, and expanding market presence. “Siena was a great fit for our financing needs,” said Gareth Hosford, CEO of Kizik. “Their team understood our business and Read Story

Field Under: Apparel
July 02, 2025 @ 08:00 AM

Arevon Energy, a leading American energy developer, owner, and operator,  announced the successful closing of a $600 million credit facility, with the option to increase up to $850 million, to support its expanding portfolio of diverse, high-quality renewable energy projects across the United States.The facility includes a $350 million revolving loan and letter of credit facility and a $250 million project letter of credit facility. It will provide Arevon with flexible capital to support working Read Story

Field Under: Energy
July 02, 2025 @ 08:00 AM

eCapital Corp. announced the recent appointment of Jeff Butts, senior vice president, supply chain finance, within its commercial finance division. The move supports eCapital’s ongoing strategy to scale its supply chain finance platform and reflects a continued investment in experience, execution, and market relevance.Based in the Orlando area, the new senior vice president brings more than 20 years of experience helping suppliers unlock working capital and improve liquidity across complex Read Story

July 02, 2025 @ 07:30 AM

Alvarez & Marsal (A&M) appointed Michael Golichowski as Managing Director in its Private Equity Performance Improvement (PEPI) group, where he will lead the group’s Corporate Real Estate and M&A Transformation offering. His hire underscores A&M’s continued investment in senior talent with an entrepreneurial spirit to deliver tailored, value-driven solutions for private equity and corporate clients. “Growing volatility and macroeconomic uncertainty will continue to impact deal volume,” said, Nick Read Story

July 02, 2025 @ 07:14 AM